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Property Description

Discover an exceptional investment at 7301 Harvard Ave, Cleveland, OH 44105, featuring a quadplex plus single-family home perfect for both seasoned investors seeking to bolster their portfolio with a high cash-flowing property and new investors looking to break into the market with a turnkey asset. Boasting 5, fully occupied income-producing units, this property generates $4,000 in gross monthly income ($48,000 annually), delivering robust cash flow and outstanding returns. With average monthly expenses of $1,400 (excluding mortgage), it yields a Net Operating Income of $31,200, equating to an impressive 10.5% cap rate and nearly a 20% cash-on-cash return. Located in a revitalizing Cleveland neighborhood with strong rental demand, this property benefits from proximity to public transit, amenities, and a healthcare-driven economy. Nearly all units have been updated within the last three years, featuring a solid brick structure and aluminum siding for easy maintenance and minimal compliance costs. The 5-unit configuration diversifies income, reduces vacancy risk. This low-maintenance, high-performing property promises immediate cash flow, long-term appreciation, and value-add potential through rent optimization or minor upgrades. Don’t miss this opportunity to own a turnkey gem in one of Ohio’s top real estate markets. Contact us today because this one won’t stick around long.

Features
: Forced Air
: No
: Driveway, Common
Address Map
OH
Cuyahoga
Cleveland
Harvard
7301
Avenue
44105
W82° 21' 46.1''
N41° 26' 56.3''
Property Details
Active
VSD Realty, LLC.
John Currid
2021000177
20097
133-18-063
: Asphalt, Flat, Fiberglass
: Public Sewer
2
: Brick, Aluminum Siding
: Public
$3,978
24/04/2025 19:37:30
No
No
No
No

7301 Harvard Avenue, Cleveland, Ohio

Residential Income For Sale

5 Bathrooms
2,552 Sqft
$295,000
Listing ID #5117330
Basic Details
Property Type : Residential Income
Property Sub Type : Quadruplex
Levels : Two
Listing Type : For Sale
Listing ID : 5117330
Price : $295,000
Bathrooms : 5
Square Footage : 2,552 Sqft
Year Built : 1900
Lot Area : 0.13 Sqft
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
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